The main events of Thursday!

On Thursday, October 25, the day is full of statistics on New Zealand, Germany and the United States. But the focus of the market will be on the ECB meeting results.

At 00:45 –  data on the trade balance of New Zealand:
– Trade balance (m/m) (September), forecast -1.365M, previous value -1.484M.
– Trade balance (y/y) (Sep),  previous value  -4.810M.

At 09:00 – Gfk  German consumer climate  (November), forecast 10.5,  previous value 10.6.

At 11:00 – release data on business activity in Germany:
– German business expectations,  forecast 100.3,  previous value  101.0.
– German  current assessment , forecast 106.0,  previous value  106.4.
– German IFO business climate index, forecast 103.2,  previous value 103.7.

At 14:45 –  the ECB meeting results at an interest rate:
– Deposit rate, forecast -0.40%, previous value -0.40%.
– ECB marginal  lending facility ,  forecast 0.25%,  previous value  0.25%.
–  Interest rate decision (oct), forecast 0.00%, previous value 0.00%.

At 15:30 – a block of news for the USA :
– Shipments of nondefense capital goods (excluding aircraft) (m / m),  previous value  -0.2%
– Core durable goods orders(m / m) (September), forecast 0.5%, previous value 0.1%.
– Durable goods orders (m / m) (September),  forecast -1.0%, previous value  4.4%.
– Goods trade balance  (September),  forecast -74.90B,  previous value -75.46B.
– Initial jobless claims ,  forecast  214K,  previous value 210K.

Also at 15:30 –  the ECB will hold a press conference.

At 17:00 – pending home sales (m/m) (September) in the USA, forecast -0.1%,  previous value -1.8%.

Hanzenko Anton